Latest News Maghreb & Middle East
Construction & Infrastructure
09/10/2019 at 15h40, by Africa Business+
€71.5m rescue package for Carthage Cement (Tunisia)
Adel Grar, Chairman of Carthage Cement, announced on Tuesday a rescue plan for the heavily indebted...
Bank
02/10/2019 at 16h06, by Africa Business+
Lilium Capital (Simon Tiemtoré) pulls out of its takeover of BCB in Burkina
Jeune Afrique Business+ has learned that the head of Lilium Capital has failed to take control of the...
Advisory
01/10/2019 at 16h22, by Aurelie Benoit
PwC beefs up its Moroccan team
This summer the international consultancy firm has appointed two new partners to its Casablanca office.
Construction & Infrastructure
25/09/2019 at 16h53, by Africa Business+
Funding secured for the central loop on the Tunis Metro (Transtu)
The extension of the central loop of the Tunis Metro, a project estimated at €89m ($97.5m), has secured...
Electricity
13/09/2019 at 16h36, by Africa Business+
Engie multiplies contracts in Africa after reorganising its team
Other than the Tarfaya solar power plant in 2012 and the Safi coal-fired power station in 2014, in Morocco,...
Maritime transport
12/09/2019 at 16h00, by Gaëlle Arenson
AFC invests $160m in the new Nouakchott terminal (Arise/Meridiam)
The two partners thus realise the financial closing for the first $310m phase of the project.
Renewable energies
11/09/2019 at 16h48, by Africa Business+
Noor Midelt 2: Engie/Nareva eye up MASEN’s new call for tenders
The French and Moroccan energy groups plan to set up a consortium to take part in the competitive auction,...
Law firm
05/09/2019 at 13h23, by Africa Business+
Asafo & Co hires private equity specialist Patrick Larrivé, (formerly at Dentons) for the Casablanca opening
The international law firm for Africa is growing quickly with the opening of its new office in Morocco’s...
Agri-food industry
05/09/2019 at 11h51, by Gaëlle Arenson
Karim Senhadji (OCP Africa) signs the term sheet for a new Ghana plant ($1.3bn)
Karim Senhadji, CEO of OCP Africa signs two agreements today with Ghana’s Minister for Food and Agriculture...
Telecoms
30/08/2019 at 16h36, by Tarik Yanmi
Veon delists GTH from the Cairo Stock Exchange to cut its tax bill (after a $588m buy-back offer)
With its controlling stake of more than 98% of ordinary shares, Veon secured shareholder approval on...
Commercial banking
30/08/2019 at 16h12, by Africa Business+
With UBCI, Tunisia’s Carte (Hassine Doghri) finally gets into the banking sector (€58m)
BNP Paribas and the Carte group signed an agreement on 28 August for the latter’s acquisition of 7,800,000...
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